Common use of Requests for Swing Loans Clause in Contracts

Requests for Swing Loans. The Borrower shall give Harris prior notice (which may be written or oral) no later than 12:00 Xxxn (Chicago time) on the date upon which the Borrower requests that any Swing Loan be made, of the amount and date of such Swing Loan and the Interest Period selected therefor. Within thirty (30) minutes after receiving such notice, Harris may in its discretion quote an interest rate to the Borrower xx xxxch Harris would be willing to make such Swing Loan available to the Borxxxxx for a given Interest Period (the rate so quoted for a given Interest Period being herein referred to as "Harris' Quoted Rate"). The Borrower acknowledges and agrees that the xxxxxest rate quote is given for immediate and irrevocable acceptance, and if the Borrower does not so immediately accept Harris' Quoted Rate for the full amount requested by the Borrower fox xxxx Swing Loan, the Harris' Quoted Rate shall be deemed immediately withdrawn and such Swing Loan shall bear interest at the sum of the Applicable Margin plus the Domestic Rate from time to time in effect. Subject to all of the terms and conditions hereof, the proceeds of such Swing Loan shall be made available to the Borrower on the date so requested at the offices of the Agent in Chicago, Illinois. Anything contained in this Agreement to the contrary notwithstanding, (i) Harris shall have no obligation to make Swing Loans and any Swing Loxxx xxall be subject to all of the terms and conditions of this Agreement and (ii) the Borrower shall not request more than one Swing Loan during any one day.

Requests for Swing Loans. The relevant Borrower shall give Harris Xxxxxx prior notice (which may be written or oral) no later than 12:00 Xxxn Noon (Chicago time) on the date upon which the such Borrower requests that any Swing Loan be made, of the amount and date of such Swing Loan and the Interest Period selected therefor. Within thirty (30) minutes after receiving such notice, Harris may Xxxxxx shall in its discretion quote an interest rate to the such Borrower xx xxxch Harris at which Xxxxxx would be willing to make such Swing Loan available to the Borxxxxx such Borrower for a given Interest Period (the rate so quoted for a given Interest Period being herein referred to as "HarrisXXXXXX' Quoted RateQUOTED RATE"). The Borrower acknowledges Borrowers acknowledge and agrees agree that the xxxxxest interest rate quote is given for immediate and irrevocable acceptance, and if the a Borrower does not so immediately accept HarrisXxxxxx' Quoted Rate for the full amount requested by the such Borrower fox xxxx for such Swing Loan, the HarrisXxxxxx' Quoted Rate shall be deemed immediately withdrawn and such Swing Loan shall bear interest at the sum of the Applicable Margin plus the Domestic Rate from time to time in effect. Subject to all of the terms and conditions hereof, the proceeds of such Swing Loan shall be made available to the such Borrower on the date so requested at the offices of the Agent in Chicago, Illinois. Anything contained in this Agreement the foregoing to the contrary notwithstanding, (i) Harris shall have no the obligation of Xxxxxx to make Swing Loans and any Swing Loxxx xxall shall be subject to all of the terms and conditions of this Agreement and (ii) the Borrower Xxxxxx shall not request be obligated to make more than one Swing Loan during any one day. The Agent shall notify each Lender of each Swing Loan and the amount of each such Swing Loan made since the last notice.

Requests for Swing Loans. The Borrower shall give Harris the Agent prior notice (which may be written or oral) no later than 12:00 Xxxn Noon (Chicago time) on the date upon which the Borrower requests that any Swing Loan be made, of the amount and date of such Swing Loan and the Interest Period selected therefor. Within thirty (30) minutes after receiving such notice, Harris may Agent shall in its discretion quote an interest rate to the Borrower xx xxxch Harris at which the Agent would be willing to make such Swing Loan available to the Borxxxxx Borrower for a given Interest Period (the rate so quoted for a given Interest Period being herein referred to as "Harris' Agent's Quoted Rate"). The Borrower acknowledges and agrees that the xxxxxest interest rate quote is given for immediate and irrevocable acceptance, and if the Borrower does not so immediately accept Harris' Agent's Quoted Rate for the full amount requested by the Borrower fox xxxx for such Swing Loan, the Harris' Agent's Quoted Rate shall be deemed immediately withdrawn and such Swing Loan shall bear interest at a rate per annum equal to the sum of the Base Rate as in effect from time to plus the Applicable Margin plus the Domestic for Base Rate Loans as from time to time in effect. Subject to all of the terms and conditions hereof, the proceeds of such Swing Loan shall be made available to the Borrower on the date so requested at the offices of the Agent in Chicago, Illinois. Anything contained in this Agreement the foregoing to the contrary notwithstanding, notwithstanding (i) Harris shall have no the obligation of Agent to make Swing Loans and any Swing Loxxx xxall shall be subject to all of the terms and conditions of this Agreement and (ii) the Borrower Agent shall not request be obligated to make more than one Swing Loan during any one day.

Requests for Swing Loans. The Borrower shall give Harris the Swing Line Lender and the Administrative Agent prior notice (which may be written given by: (i) telephone or oral(ii) a Swing Loan Notice; provided that any telephonic notice must be confirmed immediately by delivery to the Swing Line Lender and the Administrative Agent of a Swing Loan Notice.), no later than 12:00 Xxxn (Chicago time) 2:00 p.m. on the date upon which the Borrower requests that any Swing Loan be made, of the amount and date of such Swing Loan. Promptly after receipt by the Swing Line Lender of any Swing Loan and Notice, the Interest Period selected therefor. Within thirty Swing Line Lender will confirm with the Administrative Agent (30by telephone or in writing) minutes after receiving such notice, Harris may in its discretion quote an interest rate to that the Borrower xx xxxch Harris would be willing to make Administrative Agent has also received such Swing Loan available to the Borxxxxx for a given Interest Period (the rate so quoted for a given Interest Period being herein referred to as "Harris' Quoted Rate"). The Borrower acknowledges and agrees that the xxxxxest rate quote is given for immediate and irrevocable acceptanceNotice and, and if the Borrower does not so immediately accept Harris' Quoted Rate for the full amount requested by the Borrower fox xxxx Swing Loannot, the Harris' Quoted Rate shall be deemed immediately withdrawn and such Swing Loan shall bear interest at Line Lender will notify the sum Administrative Agent (by telephone or in writing) of the Applicable Margin plus the Domestic Rate from time to time in effectcontents thereof. Subject to all of the terms and conditions hereof, the proceeds of such Swing Loan shall be made available to the Borrower on the date so requested at the offices of the Agent in Chicago, IllinoisSwing Line Lender. Anything contained in this Agreement the foregoing to the contrary notwithstanding, notwithstanding (i) Harris shall have no the obligation of the Swing Line Lender to make Swing Loans and any Swing Loxxx xxall shall be subject to all of the terms and conditions of this Agreement and (ii) the Borrower Swing Line Lender shall not request be obligated to make more than one Swing Loan during any one day. The Swing Line Lender shall not be under any obligation to make any Swing Loan if it shall determine (which determination shall be conclusive and binding absent manifest error) that it has, or by such Swing Loan may have, Fronting Exposure.

Requests for Swing Loans. The Borrower Company shall give Harris Xxxxxx Bank prior notice (which may be written or oral) no later than 12:00 Xxxn (i) 3:00 p.m. (Chicago time) in the case of Swing Loans bearing interest at the Domestic Rate and (ii) no later than 11:00 a.m. (Chicago time) in the case of Swing Loans bearing interest at Xxxxxx Bank's Quoted Rate, in each case on the date upon which the Borrower Company requests that any Swing Loan be made, of the amount and date of such Swing Loan and in the event the Company is requesting the Swing Loan be made available by a Quoted Rate Portion, the Interest Period selected therefor. Within If the Company has requested that such Swing Loan be made available as a Quoted Rate Portion, within thirty (30) minutes after receiving such notice, Harris may in its discretion Xxxxxx Bank shall quote an interest rate determined in its discretion to the Borrower xx xxxch Harris Company at which Xxxxxx Bank would be willing to make such Swing Loan available to the Borxxxxx Company for a given such Interest Period (the rate so quoted for a given Interest Period being herein referred to as "Harris' Xxxxxx Bank's Quoted Rate"). The Borrower Company acknowledges and agrees that the xxxxxest interest rate quote is given for immediate and irrevocable acceptance, and if the Borrower Company does not so immediately accept Harris' Xxxxxx Bank's Quoted Rate for the full amount requested by the Borrower fox xxxx Company for such Swing Loan, the Harris' Xxxxxx Bank's Quoted Rate shall be deemed immediately withdrawn and such Swing Loan shall bear be made bearing interest at the sum of the Applicable Margin plus with reference to the Domestic Rate from time as set forth in Section 1.5(d) above unless the Company has specifically in its notice to time Xxxxxx Bank for such Swing Loan specifically requested otherwise, in effectwhich event such Swing Loan shall not be made at all. Subject to all of the terms and conditions hereof, the proceeds of such Swing Loan shall be made available to the Borrower Company in immediately available funds on the date so requested at the offices of the Agent in Chicago, Illinois. Anything contained in this Agreement the foregoing to the contrary notwithstanding, notwithstanding (i) Harris shall have no the obligation of Xxxxxx Bank to make Swing Loans and any Swing Loxxx xxall shall be subject to all of the terms and conditions of this Agreement and (ii) the Borrower Xxxxxx Bank shall not request be obligated to make more than one Swing Loan during any one day.